H-P (HPQ +0.2%) plans to cut 25K jobs, or a little over 7% of its workforce, Bloomberg reports....

H-P (HPQ +0.2%) plans to cut 25K jobs, or a little over 7% of its workforce, Bloomberg reports. A prior report claimed the IT giant is looking to trim its workforce by 10%-15% through layoffs and other means.

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Comments (3)
  • Fremon
    , contributor
    Comments (23) | Send Message
    For me, there is no doubt that HP has a hard future. They made crap in the past and maybe the present products are better but I don' care as I will never buy their products again. I bought HP because I believed at one time all the computers were basically alike. I didn't need much save surfing the internet and doing my financials on spread sheets. I have had three HPs and my wife Two. I am writing this on my last HP laptop. When checking around I am looking at other makes and may invest finally in an Apple. The other makes I will possibly look at will be Toshiba (which I got my wife on). I began with a desk top which was OK, and went to a laptop which I had to send back during the first week because of a bad mother board. The second had a problem connecting to the internet and HP wanted $300 to repair it. The item new cost $600+, The internet chat rooms indicated similar problems with others for the same model. The one I am writing on has a dead battery and to replace it would be a few hundred $. I think the sales drove HP to make computers cheap as possible to fit into a demographic at stores selling their products. Now I won't look for what's on sale with HP any more. I will up grade. Maybe, the Tablets are cutting into the sales and I will get one but as my work is now done at home (retired) I will get one to surf at Starbucks etc. HP had an honorable beginning and Fiorina took it backwards for volume sales. I don't know if Whitman can restore the name to make it a lasting product. Given what they did with their tablet experience I fear HP is somewhat dead or dying.
    17 May 2012, 03:59 PM Reply Like
  • GotLife
    , contributor
    Comments (1375) | Send Message
    "The one I am writing on has a dead battery and to replace it would be a few hundred $."


    Although I find some of your points astute, especially your Fiorina comment, I find the battery comment hard to believe.


    Good luck on trying to locate a never fail computer supplier. A friend got upset at his corporate laptop (Vista/Toshiba). His wife's Apple seemed to be the cure so he replaced his corporate box with an Apple. One and a half years later they are both screwed up.
    17 May 2012, 05:23 PM Reply Like
  • Tegus
    , contributor
    Comments (11) | Send Message
    It is time to let go of the Fiorina and Hurd times. Give Ms Whitman a chance. Their products cannot be that bad given the giant this company is. I had bad luck with one laptop from about 10 that I have owned from their product line. Not bad I would say. As for the reduction of its workforce, every company needs to look at areas of opportunity to reduce cost if they want to be a leader in this environment. I feel for the people who will be losing jobs as in my books behind a name/number there is a family who depends on the income of the person losing a job. I wish only the economy was better for these employees. Keep the faith!!
    17 May 2012, 05:53 PM Reply Like
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